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Author Question: The 1946 case Securities and Exchange Commission v. Howey, the Supreme Court established a test to ... (Read 125 times)

james

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on: Jun 24, 2018
The 1946 case Securities and Exchange Commission v. Howey, the Supreme Court established a test to determine when an investment is a security for the purposes of federal regulation. The test has:
 a. four basic elements
  b. convoluted and difficult to understand terms c. no practical applications
  d. one basic element e. two basic elements

Question 2

The purpose of a Chapter 11 bankruptcy is to distribute all of the debtor's assets as efficiently as possible.
 a. True
  b. False
  Indicate whether the statement is true or false


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jxjsniuniu

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

FALSE


james

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

elyse44

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Reply 3 on: Yesterday
Excellent

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